ShoreView Sells Fabreeka Group Holdings, Inc.
ShoreView Industries is pleased to announce the successful sale of Fabreeka Group Holdings, Inc. to Kaydon Corporation. ShoreView partnered with Fabreeka through a recapitalization transaction in April 2011.
Fabreeka is a leading provider of engineered vibration-isolation and shock-control solutions. The Company’s products control unwanted shock vibration and structure-borne noises to help reduce wear, maintenance costs and downtime for its customers. Fabreeka’s products include isolation pads, rubber-bonded metal (RBM) isolators and engineered systems used for various end-market applications, including test and measurement, industrial machinery, manufacturing, building and construction, precision equipment, and aerospace and defense.
About ShoreView Industries
ShoreView Industries, based in Minneapolis, manages $600 million in private equity funds. ShoreView invests in established, middle-market companies with operations in North America, across a wide range of industries. ShoreView structures a variety of acquisition, recapitalization and build-up transactions, typically in businesses with revenues ranging between $30 million and $200 million.
June 2012Back to News